Ayrex
Fortrade
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Overview
Ayrex was founded in 2016 and is headquartered in Cyprus, while Fortrade was established in 1992 and is based in UK. Ayrex holds licences including Cyprus Securities and Exchange Commission (CySEC), while Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970 among others. Ayrex serves 10,000+ clients worldwide; Fortrade has 10,000+. The minimum deposit is $250 at Ayrex and $1 at Fortrade.
| Feature | Ayrex | Fortrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20 |
| Founded | 2016 | 1992 |
| Country | Cyprus | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ayrex and Fortrade, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at Ayrex). Ayrex charges withdrawal fees while Fortrade does not, a notable advantage for frequent withdrawers. Ayrex charges deposit fees; Fortrade does not. Overall, Fortrade scores higher on fees in our assessment.
| Feature | Ayrex | Fortrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Ayrex offers MT4, MT5, cTrader, while Fortrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Ayrex | Fortrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android ,iPhone,Mac,iPade | MT4, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ayrex and Fortrade compare. The two brokers are evenly matched on educational content.
| Feature | Ayrex | Fortrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ayrex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Fortrade supports 4 (bank transfer, credit/debit card, PayPal, Neteller). Fortrade uniquely supports PayPal and Neteller among the two brokers. Fortrade scores higher on deposit and withdrawal flexibility.
| Feature | Ayrex | Fortrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Ayrex and Fortrade offer live chat support. Both provide phone support. Email support is available at both brokers. Ayrex supports 2 languages and Fortrade supports 1, giving Ayrex broader global reach. Both brokers are comparable on support quality.
| Feature | Ayrex | Fortrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |